{"id":5505,"date":"2020-08-07T12:55:22","date_gmt":"2020-08-07T16:55:22","guid":{"rendered":"https:\/\/solutionsreview.com\/business-intelligence\/?p=5505"},"modified":"2020-08-07T12:59:33","modified_gmt":"2020-08-07T16:59:33","slug":"mode-analytics-nabs-33m-funding-for-advanced-cloud-analytics","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-intelligence\/mode-analytics-nabs-33m-funding-for-advanced-cloud-analytics\/","title":{"rendered":"Mode Analytics Nabs $33M Funding for Advanced Cloud Analytics"},"content":{"rendered":"
\"Mode

Source: Mode Analytics on YouTube<\/p><\/div>\n

Mode Analytics has raised $33 million in Series D funding according to a blog post<\/a> by CEO Derek Steer. The round, which brings the company’s total earned to $83 million since its founding in 2013, includes participation from new and existing investors. Mode will use the capital injection to enhance and accelerate its cloud-based advanced data analytics platform.<\/p>\n

Our Buyer’s Guide for Analytics and Business Intelligence Platforms<\/em><\/a> helps you evaluate the best solution for your use case and features profiles of the leading providers, as well as a category overview of the marketplace.<\/div><\/p>\n

Mode Analytics lets you run advanced analysis by switching between a cloud-based SQL Editor, Python and R notebooks, and interactive visualizations. The SQL Editor enables users to share and search analysis and set definitions while reports update automatically. Dashboard key features include calculated fields, drag-and-drop analysis, and custom visualizations. Notebooks let you expand your analysis, collaborate across team and tell stories with the data.<\/p>\n

It’s been a whirlwind for the San Francisco-based Mode Analytics, as the company added a number of big name customers (Zillow, Lyft, Bloomberg, Capital One, VMWare) since the start of 2019. The vendor says it best: “At this point, 52% of the Forbes 500 have signed up for Mode<\/span>.” Mode has processed 830 million query runs and 170 million notebook cell runs for 300,000 users.<\/p>\n

In a media statement on the news, Steer adds: “Traditional business intelligence can show what\u2019s happening, but not why. Even at companies with huge investments in self-serve BI, people constantly ask the data team follow-up questions. Making the data team more effective, and making the collaboration between the two groups work flawlessly, is the unmet need that\u00a0Mode<\/span> has filled. In doing so, we have laid the foundation for the future corporate knowledge base.”<\/p>\n

Read Announcing Our Series D<\/em><\/a> by CEO Derek Steer in the Mode Analytics blog or watch World, Meet Mode<\/em><\/a>.<\/p>\n

<\/div><\/p>\n

\t\t\t

\"\"<\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"

Mode Analytics has raised $33 million in Series D funding according to a blog post by CEO Derek Steer. The round, which brings the company’s total earned to $83 million since its founding in 2013, includes participation from new and existing investors. Mode will use the capital injection to enhance and accelerate its cloud-based advanced […]<\/p>\n","protected":false},"author":23,"featured_media":5506,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[1272,1271],"acf":[],"yoast_head":"\nMode Analytics Nabs $33M Funding for Advanced Cloud Analytics<\/title>\n<meta name=\"description\" content=\"Mode Analytics lets you run advanced analysis by switching between a cloud-based SQL Editor, Python and R notebooks, and interactive visualizations.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/business-intelligence\/mode-analytics-nabs-33m-funding-for-advanced-cloud-analytics\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" 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